IMF, ZAMBIA CONFERBy BUUMBA CHIMBULUTHE International Monetary Fund (IMF) and the Ministry of Finance have discussed various aspects of strengthening the partnership between Zambia and the Fund.This came to light during a meeting when IMF Resident Representative for Zambia, Preya Sharma yesterday paid a courtesy call on Finance Minister, Situmbeko Musokotwane.The meeting discussed various aspects of strengthening the partnership between Zambia and the Fund, according to a statement from the Ministry of Finance.“The bilateral engagement, held at the Ministry of Finance headquarter in Lusaka, was the first between the IMF Resident Representative and the new Minister of Finance,” the statement stated.The ministry also announced that Zambia a few days ago received US$1.3 billion from the US$650bn IMF Special Drawing Rights (SDR) general allocation.It indicated that: “the resources from the IMF will assist the country to attain the development aspirations and lead to economic stabilisation and positive growth.”Recently, Secretary to the Treasury, Fredson Yamba, said Government […]
IMF, ZAMBIA CONFER
